(TSMC) has sent out feelers to peer semiconductor companies Nvidia Corp. (NVDA), Broadcom Inc. (AVGO), and Qualcomm Inc. (QCOM) to come together for Intel Corp.’s (INTC) foundry joint venture, according to a Reuters report on Wednesday citing unnamed sources.

In the on-again, off-again saga of TSMC's supposed designs on Intel's chip factories, there's a new twist. Reuters reports that TSMC has pitched Nvidia, AMD and Broadcom with the idea of a joint venture to take control of Intel's struggling fabs.

TSMC has reportedly proposed a joint venture between itself, Nvidia, Advanced Micro Devices (AMD) and Broadcom that will involve them owning stakes and